Robert Menendez actually said...

"Well, I hope we have a cop on the beat, not asleep at the switch."

"You can't be coach and referee. MMS has, as it was constituted before, been both an advocate for the industry and supposed to be the referee."

"If in fact we have unlimited liability across the board for the future, that is in essence what we are trying to accomplish."

"So I know that you are reforming MMS. The question is are we going to have the right regulatory oversight and vigorous oversight so that we don't relive this."